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KaroooooJSE:KRO -0.41%90 ROC (Joel Greenblatt) % is 44.83% as of Feb. 2026, which is 20% below its 10-year median of 55.89. GuruFocus rates JSE:KRO with a GF Score™ of 90/100 and a GF Value™ of R979.54 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,809 Software companies, Karooooo ranks better than 62.19% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Karooooo's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 44.83%.
The historical rank and industry rank for Karooooo's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:KRO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 41.95 Med: 55.89 Max: 70.2
Current: 50.71
During the past 8 years, Karooooo's highest ROC (Joel Greenblatt) % was 70.20%. The lowest was 41.95%. And the median was 55.89%.
JSE:KRO's ROC (Joel Greenblatt) % is ranked better than 62.19% of 2809
companies
in the Software industry
Industry Median: 19.63
vs JSE:KRO: 50.71
Karooooo's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.30% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
The historical data trend for Karooooo's ROC (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JSE:KRO vs BVC, ASAN, EVCM: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Karooooo's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Karooooo ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Karooooo's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Karooooo's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a ROC (Joel Greenblatt) % of 44.83% mean?
Karooooo (JSE:KRO) has a ROC (Joel Greenblatt) % of 44.83% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Karooooo and its competitors. This is 20% below median its historical median of 55.89. Over the past decade, Karooooo's ROC (Joel Greenblatt) % has ranged from 41.95 to 70.20. According to the industry distribution chart, Karooooo ranks #1062 out of 2809 companies in the Software industry, placing it in the top 37.8%.
Is Karooooo's ROC (Joel Greenblatt) % too high?
Karooooo's current ROC (Joel Greenblatt) % of 44.83% is 20% below median its 10-year median of 55.89. Over the past 10 years, this metric has ranged from a low of 41.95 to a high of 70.20. The Software industry median ROC (Joel Greenblatt) % is 19.63. Karooooo's value of 44.83% is 128.4% above this industry median. Based on the distribution chart, Karooooo ranks #1062 out of 2809 companies in the Software industry, which is above the industry midpoint. Overall, Karooooo has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Karooooo's ROC (Joel Greenblatt) % compare to BVC and ASAN?
According to the Software industry distribution chart, Karooooo ranks #1062 out of 2809 companies for ROC (Joel Greenblatt) %. This puts Karooooo in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.63. Karooooo's value of 44.83% is 128.4% above this benchmark. Historically, Karooooo's own ROC (Joel Greenblatt) % has ranged from 41.95 to 70.20 over the past decade. While the company's 10-year median is 55.89 vs. the industry median of 19.63, Karooooo has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.63, based on 2,809 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Karooooo's current ROC (Joel Greenblatt) % of 44.83% is 128.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Karooooo and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karooooo's current ROC (Joel Greenblatt) % is 44.83%, which is 20% below median its own 10-year median of 55.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karooooo stock overvalued right now?
Based on GuruFocus' analysis, Karooooo (JSE:KRO) is currently considered Fairly Valued. The stock's GF Value™ is R979.54, compared to a current price of R975.00 — trading 0.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 44.83%, which is 20% below median its 10-year median of 55.89 and 128.4% above the Software industry median of 19.63. Karooooo's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Karooooo (JSE:KRO), the current ROC (Joel Greenblatt) % is 44.83% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Karooooo (JSE:KRO) Overvalued in 2026?
Based on GuruFocus' analysis, Karooooo stock appears to be undervalued.
The current stock price of R975.00 is trading 0.5% below its estimated GF Value™ of R979.54.
GuruFocus considers Karooooo to be Fairly Valued.
Key valuation signals for JSE:KRO:
ROC (Joel Greenblatt) %: 44.83% (20% below median its 10-year median of 55.89)
GF Value™: R979.54 vs. price of R975.00 (0.5% below fair value)
Industry Position: 128.4% above the Software median (#1062 of 2809)
No single metric tells the full story. See the JSE:KRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karooooo Ltd is a provider of an operational intelligence platform. Through its cloud platform, the company enables fleet and asset management, fuel management, workforce management, logistics, safety, including AI-assisted video safety, compliance, risk, and environmental impact management. Its segments are: Cartrack, which generates the majority of revenue, provides an operational intelligence platform that maximizes the value of transportation, operations, and workflow data through insightful real-time data analytics to connected vehicles and equipment, and Karooooo Logistics provides a software application enabling the management of last-mile B2B delivery and general operational logistics (Delivery-as-a-Service or DaaS). It generates the majority of its revenue from South Africa.
90GF Score
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